Value-Add

The Singaporean insurer is exploring new investment strategies – including credit – to optimize returns in a higher cost environment.

If met, the fundraising goal for the manager’s latest flagship vehicle would place it among the largest single-sector funds ever raised.

The strategy builds on the Canadian firm’s recent hospitality investment in Japan.

As the era of cheap debt fades, investors are relying on income growth, stronger asset selection and more disciplined capital management to drive returns.

Founded by former Black Creek and Ares execs, Speed Bay Warehouse Solutions has scored $250m from BDT & MSD to acquire multi-tenant warehouses.

Utah-based manager, acquired by Apollo last year, exceeds the value-add vehicle’s $1bn target – and raises quadruple the capital of its predecessor fund.

The South Carolina-based sector specialist secured €2.2bn for its second value-add fund in the region, with another €550m in co-investments.

The Florida-based manager has appointed its first global head of private capital markets after launching multiple new strategies.

A domestic housing shortage, home ownership affordability challenges and slowing construction starts are all proving to be tailwinds for investors, explains RMR Group’s Matt Jordan.

The Hartford-based investor is focused on existing manager relationships as it eyes $1.2bn in real estate commitments this year.